Playkids Internet Movel S.A.

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Playkids Internet Movel S.A. - overview

Established

2003

Location

Sao Paulo, -, Brazil

Primary Industry

Education/Training

About

Playkids Internet Movel S. A. is a digital platform focused on children, providing educational content and entertainment through a secure and child-friendly app. Founded in 2003 and headquartered in Sao Paulo, Brazil, Playkids Internet Movel S.


A. operates as a digital platform offering engaging content for children. The company was acquired by Sandbox & Co in February 2022 for approximately BRL 5 million, with its majority owner, Movile, retaining a minority stake. The CEO of the company is Constantinos Giannos.


PlayKids+ offers a comprehensive child-focused digital platform that integrates educational content and entertainment into a single, child-safe app. The core offerings include a library of curated videos, interactive games, and music that are specifically designed to inspire learning, promote empathy, and foster understanding among children. The platform is engineered to provide a secure environment free from advertisements, ensuring that children can engage with the content without distractions. PlayKids+ targets a diverse range of end users, specifically children and their families, and is accessible across multiple devices, including smartphones, tablets, and smart TVs.


The app is available to customers in various geographical markets, including the United States, Latin America, and select regions in Europe, allowing for a broad reach within the family entertainment and educational sectors. PlayKids+ generates revenue primarily through subscription-based models, offering customers two main pricing plans: an annual plan priced at USD 52. 99, which provides a 50% discount compared to monthly payments, and a monthly plan available at USD 8. 99.


Customers subscribing to PlayKids+ typically consist of families seeking educational and entertaining content for their children, focusing on delivering tailored experiences through individual child profiles. The transactions are structured directly between PlayKids+ and consumers, facilitating a seamless purchase experience that emphasizes security and ease of access. With over 70 million downloads and extensive content offerings, the platform's structure is designed to encourage ongoing engagement and retention among its user base, ensuring families can consistently access quality educational content. Following its acquisition by Sandbox & Co, Playkids Internet Movel S.


A. plans to leverage recent funding to enhance its product offerings and expand into new markets. The company is currently focused on developing new features and content for PlayKids+ while aiming to penetrate additional regions in Europe and Asia by 2025. The recent funding will support these initiatives, allowing for the expansion of their user base and enhancement of educational resources.


Primary Industry

Education/Training

Sub Industries

Education & Training Website, Education & Training Services, Web Applications, Gaming

Website

www.playkids.com

Verticals

Cloud Computing, EdTech

Company Stage

Acquired

Total Amount Raised

Subscriber access only

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